THE LAURELS, KIRTON HOLME, BOSTON, PE20 1TQ - £263,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE LAURELS is a small extended detached house of 102m², built sometime between 1900 and 1929, which could now be worth an estimated £326,918. It was last sold for £263,000 in November 2019, which was around 29% above the average November 2019 detached price in the Boston local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was C.

THE LAURELS Sold Prices

Land registry data shows three sales for THE LAURELS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Boston local authority area for the corresponding sale date. Two of the three THE LAURELS sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 28 NOV	£263,000	£204,380	29% above HPI
2017 29 SEP	£182,500	£201,358	9% below HPI
1998 17 JUL	£89,950	£59,844	50% above HPI

THE LAURELS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Boston local authority area over time, sourced from the HPI. The three THE LAURELS sales between July 1998 and November 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the November 2019 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £326,918.

This is based on house price inflation of 24.3%, between November 2019 and February 2025, for detached houses, in the Boston local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.3% inflationary increase is applied to the most recent sale price for THE LAURELS of £263,000 on 28th November 2019. For the value to have increased from £263,000 to £326,918 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the Boston local authority area.
• The November 2019 sale price of £263,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since November 2019.

How Large is THE LAURELS?

THE LAURELS is 102m², which includes two extensions, according to the EPC inspection conducted in July 2016. This puts it in the smallest 30% of detached houses houses in Kirton Holme, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kirton Holme, and where THE LAURELS lies on this distribution: 22% of detached houses houses are smaller than THE LAURELS, and 78% of houses are larger. Note that EPC data is not available for all properties in Kirton Holme.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of THE LAURELS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE LAURELS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE LAURELS?

THE LAURELS is located in KIRTON HOLME, in the PE20 postcode district. The below map shows the position of THE LAURELS in KIRTON HOLME.